WEBSITE: www.ithmines.com
TICKER: THM:US FRANK(IW9)
International Tower Hill Mines Ltd. ("ITH") possesses an expanding portfolio of Alaskan and Nevada based gold and base metal exploration projects. The majority of the Alaska projects were acquired from AngloGold Ashanti (U.S.A.) Exploration Inc. ("AngloGold") as part of a regional program divestment in which ITH acquired all of AngloGold's active exploration properties and assets in the region for a 19.99% equity interest in ITH at the transaction date. In addition, ITH hired key members of AngloGold's North American exploration team to manage its ongoing exploration activities.
The ITH business model offers considerable competitive advantages in the market place by leveraging the significant investment made by AngloGold in the region and properties with the flexibility and aggressiveness of a junior explorer and mine finder.
Analyst/Newsletter Coverage |
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ITH - They Did it Again
Bob Moriarty, 321 Gold
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Jan 29, 2009
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